I’ll note that it’s common and dangerous, in that there’s a generation of engineers who are at risk of leading each-other astray as to the economics and therefore probability distribution of outcomes for some firms that will massively impact their careers.

I think I understand the major reasons for this meme, but I find it really worrying; there were lots of incorrect ‘it’s a bubble’ conversations here in 2012-2015, but I don’t think they had the pervasive nature and “obvious” conclusion that a whole generation of engineering talent should just, you know, leave.

Meanwhile I am hearing rational economic modeling from the companies selling inference; Jensen, (a polished promoter, I grant you) says it really well — token value is increasing radically, in that new models -> better quality, and therefore revenues and utilization are increasing, and therefore contrary to the popular financial and techbro modeling of 2023, things like A100s still cost quite a lot whether hourly or to purchase. (!) Basically the economic value is so strong that it has actually radically extended the life of hardware.

I just hate to imagine like half of the world’s (or US’s) engineering talent quitting, spending ten years afraid, or wrongly convinced of some ‘inevitable’ market outcome. Feels like it will be bad for people’s personal lives, and bad for progress simultaneously.